New Code Valley Initiative – Making Bitcoin’s Killer App

By March 22, 2016Bitcoin Business

Bitcoin Press Release: An engineering team from Australia have created a technology that allows a developer to contribute to a software project yet still retain their intellectual property, and earn bitcoin for each contribution .

Using this new technology, it is now possible for developers to repeatedly trade their specialist design expertise in exchange for bitcoin, making this the world’s first free automated market for software .

To begin trading in this marketplace, a developer creates their very own vendor, a program that acts as their automated assistant and ‘intellectual property guardian.’ When contracted, this vendor program will automatically carry out its owner’s expertise – the developer’s design decisions – for them.

Developers from all layers of the stack and all levels of abstraction (from web development to embedded systems) can create a vendor to begin trading in this marketplace. If a developer’s expertise is in demand, their vendor could be contracted hundreds of times, contribute to hundreds of projects, and earn its developer a continuous stream of Bitcoin. Automatically.

This marketplace becomes a global software supply-chain inside the software development process . “We can now have programs designed and built by the world’s foremost experts at every level of abstraction,” Says Noel Lovisa, the founder of Code Valley. “This technology dispenses with formal runtime interfaces and uses no glue-logic whatsoever, making it the first development process of its kind capable of approaching optimal software solutions. Current methods will find it difficult to not only keep up on the productivity front, but will be hopelessly outclassed on a technical front as well, making this technology very competitive indeed.” Code Valley has already done it – their own development team have already deployed vendors to make up the beginnings of what will soon be a global marketplace.

According to their roadmap ( https://codevalley.com/community#roadmap ), […]

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